Last Updated: Sep 13, 2026
No. of Questions: 34 Questions & Answers with Testing Engine
Download Limit: Unlimited
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| Certification Vendor: | Oracle |
|---|---|
| Exam Name: | Oracle Financials Cloud: Receivables 2023 Implementation Professional |
| Exam Number: | 1Z0-1056-23 |
| Related Certifications: | Oracle Fusion Cloud Financials: Receivables and Collections 2025 Implementation Professional Oracle Financials Cloud 2023 Implementation Professional |
| Exam Format: | Multiple Choice, Hands-on Performance Based |
| Certificate Validity Period: | No expiration (subject to Oracle Cloud recertification policy) |
| Exam Duration: | 90 minutes |
| Available Languages: | English |
| Real Exam Qty: | 32-36 |
| Passing Score: | 68% |
| Exam Price: | $245 - $250 USD |
| Recommended Training: | Oracle Financials Cloud: Receivables Implementation Training |
| Exam Registration: | Pearson VUE Oracle University |
| Sample Questions: | DOWNLOAD DEMO |
| Exam Way: | Online proctored or onsite at Pearson VUE authorized testing centers |
| Pre Condition: | No mandatory prerequisites; Oracle recommends 6-12 months hands-on implementation experience and completion of relevant training |
| Official Syllabus URL: | https://education.oracle.com/oracle-certification-path/pFamily_641 |
| Section | Weight | Objectives |
|---|---|---|
| Configuring Customer Billing | 22% | - Define Transaction Types, Sources, Items and Memo Lines - Manage AutoInvoice and AutoAccounting - Set Up Sales Credits and Revenue Recognition |
| Managing Customer Billing | 18% | - Create and Process Transactions - Correct and Manage AutoInvoice Errors - Calculate Tax and Print Transactions |
| Reporting and Reconciliation | 3% | - Use OTBI and BI Publisher for Reporting - Perform Receivables Reconciliation |
| Configuring Bill Management | 5% | - Configure and Use Oracle Bill Management |
| Configuring Common Receivables | 20% | - Configure Tax and Subledger Accounting - Configure Receivables System Options - Configure Receivables Using Rapid Implementation - Configure Cash Management and Application Integration - Configure and Import Customers |
| Configuring and Using Advanced Collections | 5% | - Set Up Collections Framework - Define Scoring Strategies and Work Queues |
| Processing Customer Payments | 12% | - Resolve Receipt Exceptions - Create and Apply Receipts - Process Bills Receivables and Remittances |
| Configuring Customer Payments | 15% | - Configure Automatic Receipts and Funds Capture - Set Up Receipt Methods and Lockbox |
The Oracle Financials Cloud: Receivables 2023 Implementation Professional exam (exam code 1z0-1056-23) is the official Oracle exam that leads to the Oracle Financials Cloud: Receivables 2023 Implementation Professional certification, sitting at the Professional level of the Oracle certification track. It is also connected with Oracle Fusion Cloud Financials: Receivables and Collections 2025 Implementation Professional, Oracle Financials Cloud 2023 Implementation Professional. If this is the credential you are working toward, the 34 practice questions at Actual4Cert map directly to its objectives.
The Oracle Financials Cloud: Receivables 2023 Implementation Professional exam includes 32-36 questions, and you have 90 minutes to complete them. Divide the time limit by the question count and you get a tight average pace per item, so train yourself to flag time-consuming questions and return to them later instead of getting stuck. Before test day, run at least one full timed session in the Actual4Cert test engine under the same limits — the clock should never surprise you.
The passing score for Oracle Financials Cloud: Receivables 2023 Implementation Professional is 68%, and the official registration fee is $245 - $250 USD. A failed attempt means paying that fee in full again, so your preparation budget deserves the same attention as your study plan. A practical rule: book your exam date only after you can finish a Actual4Cert practice test comfortably above the passing score more than once.
According to Oracle, candidates should meet the following before registering: No mandatory prerequisites; Oracle recommends 6-12 months hands-on implementation experience and completion of relevant training. Requirements can change, so confirm the latest details on the official exam page before you register.
You can register for the Oracle Financials Cloud: Receivables 2023 Implementation Professional exam through the official channels below:
Exam delivery: Online proctored or onsite at Pearson VUE authorized testing centers.
Oracle lists the following official training options for this exam:
Formal training builds the theory; pair it with the 34 practice questions from Actual4Cert to find out whether you are genuinely ready for the exam.
Yes. A free PDF demo of the 1z0-1056-23 practice questions is available to download, so you can judge the format and quality before paying anything. Every purchase also includes 365 days of free updates, and if your product expires you can extend the update service at a 50% discount.
Your order is covered by a conditional 100% money-back guarantee: if you take the corresponding exam within 60 days of purchase and do not pass, you may apply for a full refund. Exams taken within 3 days of purchase are not eligible, nor are free materials or expired orders, and the candidate name must match the payer name. To claim, submit a scanned enrollment slip and your official Score Report PDF within 2 days of the exam; claims are processed within 7 days. Prefer to keep studying? You can instead exchange your purchase for two free products of equal value while keeping the update service on your original one. Delivery itself is immediate: your product unlocks for instant download right after payment and a copy is emailed to you within a minute — if nothing arrives within 2 hours, contact our support team. There is no limit on the number of computers you can install it on.
The Oracle Financials Cloud: Receivables 2023 Implementation Professional blueprint is divided into 8 major domains, starting with Processing Customer Payments (12%), Configuring Bill Management (5%), and Configuring and Using Advanced Collections (5%). The full breakdown, including every subdomain and its weighting, is listed in the Exam Topics section above — review it against your own weak areas before scheduling the exam.
When you run Auto lnvoice. the process may generate a list of records that fail validation.
Using which two methods/features, can you display the Auto lnvoice errors in an Excel workbook?
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Your customer receives their invoices via the XML delivery method. They want to receive billing transactions for specific sites only. Now you have been tasked with creating a very focused delivery method of XML transactions for this customer site that should be receiving the invoice.
To define this setup, you must add a new lookup code to the AR Features lookup type in the Manage Receivables Lookups task. Which lookup code would you use?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
You are an IT contractor for a client who wants to increase internal controls on bank accounts set up in the Cash Management application. According to their new policy, a Cash Manager s ability to add. review, or make changes to bank accounts must be regionalized and restricted by their org structure.
Which statement is true about the restrictions applied to the setup?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
Which flexfields does Autolnvoice require to identify transactions and transaction lines, if you load the interface using a customized form?
Explanation: Only visible for Actual4Cert members. You can sign-up / login (it's free).
Oswald
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Walter
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